Stellar Africagold - ROAD Rehabilitation Ramps-up and Exploration Works Are Resumed IN Morocco
STELLAR AFRICAGOLD - ROAD REHABILITATION RAMPS-UP
AND EXPLORATION WORKS ARE RESUMED IN MOROCCO
Vancouver, BC October 11th 2023 – Stellar AfricaGold Inc., (TSX-V: SPX) ("Stellar" or the "Company")
reported last month that the terrible earthquake that struck Mo rocco was in the vicinity of Stellar’s
flagship Tichka Est Gold Project in the province of Al Haouz, Morocco.
Resumption of Exploration Works
Roadway infrastructure is improving rapidly following swift mobilization from Morocco’s authorities. Last
week, Stellar’s geologist was able to use the rehabilitated national roads to access Anarghi Village and
the Tichka Est Gold property.
Stellar’s geologist reported that a portion of Stellar’s constructed 9 km mountain road has been cleared
by the communities, and the rest of the road shows limited rock slides that can be cleared over the
coming weeks. Notwithstanding, Stellar’s geologist was able to access Tichka Est’s Structure B, the
primary drill target of Stellar AfricaGold.
Stellar confirms that exploration works are continuing at Tichka Est Gold Project.
Photo 1. Portion of Stellar’s Road Cleared by Communities
Donate Now to Support Moroccan Earthquake Relief
As part of Stellar’s efforts to assist communities near its Tichka Est project, Stellar provided tents for the
communities of the Anarghi’s village whose homes were directly affected by the quake.
Photo 2. Tents Provided to the Residents of Anarghi Village
Near Stellar’s Tichka Est Gold Project
Stellar intends to maintain its “Go.Fund.Me” campaign active so it urges all readers to make a donation,
whether large or small, to this urgent campaign to help these small local communities that may otherwise
be overlooked.
https://www.gofundme.com/f/moroccos-tichka-region-
communities?utm_medium=email&utm_source=product&utm_campaign=p_email%2B2300-co-team-
welcome
The above link provides access to a Moroccan earthquake relief campaign (see below) which will deliver
the funds accumulated from this campaign directly to the rehabilitation and reconstruction of the
communities close to Stellar’s project.
Director Resignation
Stellar also announces that John Ryan has resigned as a Directo r of the Company. John has been a
Board Member for more than 10 years and the Company thanks him for his services throughout that
period.
About Tichka Est Gold Project Project, Morroco
The Tichka Est gold project, comprising seven permits aggregating 82 square kilometres, is in the High
Atlas Mountain region of Morocco approximately 80 kilometres south-southwest of Marrakech, a region
easily accessible year-round via national and regional roads to the village of Anarghi located near the
mineralized gold zone. Follow up on gold sampling results repor ted by ONHYM lead Stellar to the
discovery of 3 extensive gold mineralized structures A, B and C.
ABOUT STELLAR AFRICAGOLD INC.
Stellar AfricaGold Inc. is a Canadian precious metal exploratio n company listed on the TSX Venture
Exchange symbol TSX.V: SPX, the Tradegate Exchange TGAT: 6YP1 and the Frankfurt Stock
Exchange FSX: 6YP1.
The Company maintains offices in Vancouver, BC and in Montreal, QC and has a representative office
in Casablanca, Morocco.
Stellar’s principal exploration projects are its advancing gold discovery at the Tichka Est Gold Project in
Morocco as a 90% earn-in with its partner ONHYM, and its drill- ready Namarana Gold Project in Mali
as well as the early-stage exploration permit of Djékanou in Côte d’Ivoire.
The technical content of this press release has been reviewed a nd approved by M. Yassine Belkabir,
MScDIC, CEng, MIMMM, a Stellar director and a Qualified Person as defined in NI 43-101.
Stellar’s President and CEO J. François Lalonde can be contacte d at 514-994-0654 or by email at
Additional information is available on the Company’s website at www.stellarafricagold.com.
On Behalf of the Board
J. François Lalonde
J. François Lalonde
President & CEO
This release contains certain "forward-looking information" und er applicable Canadian securities laws concerning the
Arrangement. Forward-looking information reflects the Company’s current internal expectations or beliefs and is based on
information currently available to the Company. In some cases forward-looking information can be identified by terminology
such as "may", "will", "should", "expect", "intend", "plan", "a nticipate", "believe", "estima te", "projects", "potential",
"scheduled", "forecast", "budget" or the negative of those term s or other comparable terminology. Many of these
assumptions are based on factors and events that are not within the control of the Company, and there is no assurance they
will prove to be correct or accura te. Risk factors that could c ause actual results to differ materially from those predicted
herein include, without limitation: that the business prospects and opportunities of the Co mpany will not proceed as
anticipated; changes in the global prices for gold or certain o ther commodities (such as diesel, aluminum and electricity);
changes in U.S. dollar and other currency exchange rates, inter e s t r a t e s o r g o l d l e a s e r a t e s ; r i s k s a r i s i n g f r o m h o l d i n g
derivative instruments; the level of liquidity and capital reso urces; access to capital markets, financing and interest rates;
mining tax regimes; ability to s uccessfully integrate acquired assets; legislative, political o r economic developments in the
jurisdictions in which the Company carries on business; operati ng or technical difficulties in connection with mining or
development activities; laws and regulations governing the prot ection of the environment; emp loyee relations; availability
and increasing costs associated with mining inputs and labour; the speculative nature of exploration and development;
contests over title to properties, particularly title to undeve loped properties; and the risks involved in the exploration,
development and mining business. Risks and unknowns inherent in all projects include the inaccuracy of estimated reserves
and resources, metallurgical recoveries, capital and operating costs of such projects, and the future prices for the relevant
minerals.
Neither the TSX Venture Exchange nor its Regulation Services Pr o v i d e r (a s t h a t t e r m i s d e f i n e d i n t h e p o l i ci e s o f t h e T SX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.